IGME vs. IMST
IGME (Bitwise GME Option Income Strategy ETF) and IMST (Bitwise Funds Trust) are both Derivative Income funds from Bitwise. Both are actively managed. At a 0.36 correlation, their price movements are largely independent. IGME charges 0.96%/yr vs 0.99%/yr for IMST.
Performance
IGME vs. IMST - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IGME achieves a 12.57% return, which is significantly higher than IMST's -18.88% return.
IGME
- 1D
- -1.86%
- 1M
- -10.54%
- YTD
- 12.57%
- 6M
- 1.24%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IMST
- 1D
- -6.26%
- 1M
- -29.92%
- YTD
- -18.88%
- 6M
- -28.63%
- 1Y
- -62.94%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IGME vs. IMST - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
IGME Bitwise GME Option Income Strategy ETF | 12.57% | -24.69% |
IMST Bitwise Funds Trust | -18.88% | -56.49% |
Correlation
The correlation between IGME and IMST is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jun 11, 2025 | 0.36 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IGME vs. IMST — Risk / Return Rank
IGME
IMST
IGME vs. IMST - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Bitwise GME Option Income Strategy ETF (IGME) and Bitwise Funds Trust (IMST). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
Loading charts...
Sharpe Ratios by Period
| IGME | IMST | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | -1.10 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.44 | -0.83 | +0.39 |
Drawdowns
IGME vs. IMST - Drawdown Comparison
The maximum IGME drawdown since its inception was -26.33%, smaller than the maximum IMST drawdown of -69.86%. Use the drawdown chart below to compare losses from any high point for IGME and IMST.
Loading charts...
Drawdown Indicators
| IGME | IMST | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.33% | -69.86% | +43.53% |
Max Drawdown (1Y)Largest decline over 1 year | — | -69.86% | — |
Current DrawdownCurrent decline from peak | -15.22% | -68.26% | +53.04% |
Average DrawdownAverage peak-to-trough decline | -14.49% | -35.49% | +21.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 46.60% | — |
Volatility
IGME vs. IMST - Volatility Comparison
Loading charts...
Volatility by Period
| IGME | IMST | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 15.63% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 44.06% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 35.50% | 57.15% | -21.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.50% | 59.81% | -24.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.50% | 59.81% | -24.31% |
IGME vs. IMST - Expense Ratio Comparison
IGME has a 0.96% expense ratio, which is lower than IMST's 0.99% expense ratio.
Dividends
IGME vs. IMST - Dividend Comparison
IGME's dividend yield for the trailing twelve months is around 88.20%, less than IMST's 232.45% yield.
| Position | TTM | 2025 |
|---|---|---|
IGME Bitwise GME Option Income Strategy ETF | 88.20% | 69.25% |
IMST Bitwise Funds Trust | 232.45% | 195.93% |
Frequently Asked Questions
IGME and IMST have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IGME is cheaper at 0.96% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IGME is cheaper with a 0.96% expense ratio, compared with 0.99% for IMST.
IMST has the higher dividend yield at 232.45%, compared with 88.20% for IGME.
Their fees differ too: 0.96% for IGME and 0.99% for IMST.
Find the right allocation for IGME and IMST
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer